Session Start: Mon Oct 15 00:00:00 2007
Session Time: Mon Oct 15 00:00:00 2007
[05:26] {Threei} SORL DESIGNATED AS THE EXCLUSIVE AIR BRAKE PARTS
[05:26] {Threei} SUPPLIER FOR THE ESTIMATED 2,400 NEW MUNICIPAL BUSES THE CITY OF TIANJIN
[05:39] {cosmo} GIGA: http://gigatronics.com/products/products.php?pid=301
[05:43] {magoo} morning RT
[05:43] {Threei} morning magoo, cosmo
[05:44] {cosmo} yea... i c the light
[05:44] {cosmo} barely
[05:46] {cosmo} BRLC pre mkt range = 5.10 - 5.30
[05:46] {cosmo} fyi
[05:48] {bruce} morning all
[05:48] {Threei} bruce :)
[05:53] {cosmo} FTEK ... i c no news
[05:54] {esemde} GM RT's.....
[05:54] {cosmo} FTEK: Barrons likes it...
[05:57] {tomg} gm all
[05:58] {Threei} ese, tom :)
[06:01] {Threei} AVII
[06:01] {Threei} RECEIVES MAJOR RESEARCH AND DEVELOPMENT GRANT FROM CHARLEY'S FUND FOR DUCHENNE MUSCULAR DYSTROPHY
[06:02] {cosmo} hmmm ... a bio monday, maybe
[06:02] {Threei} if traders are ready to abandon one mania in favor of the next one... :)
[06:03] {bruce} hi tom
[06:03] {cosmo} i feel the nausea already
[06:03] {Threei} LWSN HEARTLAND HEALTH SIGNS MULTI-SUITE LAWSON SOFTWARE CONTRACT
[06:04] {esemde} Was your open house last thurs and fri sucessful Vad....there seemed to be lots of interest
[06:05] {markweb} gm all
[06:05] {esemde} mark
[06:05] {markweb} :)
[06:05] {Threei} define successful :)
[06:05] {Threei} hi mark
[06:05] {markweb} :)
[06:06] {Threei} AVII is at the important restance levels
[06:06] {Threei} let's keep an eye on it in case move proves sustainable
[06:06] {Threei} volume is questionable
[06:06] {esemde} hmmmm ...in terms of exposure.....
[06:07] {Threei} it's follow-up that is important, IMO :)
[06:07] {esemde} true....you have some work to do then,,,
[06:08] {Threei} since I don't promise things like "never having to work again" or "achieve riches beyond your wildest dream", it's tough to capture the imagination of many :)
[06:10] {Threei} stock that intrigues me... ATEA
[06:10] {dino} gm all
[06:10] {Threei} dino!
[06:10] {markweb} dino:)
[06:10] {Threei} nice move breaking signidficant resistance levels, pullback into support
[06:11] {Threei} volume dried up on pullback
[06:11] {Threei} remained green on a big selling day on Thursday
[06:11] {dino} gm mark, 3i, magoo tells me i missed some chaos
[06:11] {Threei} if keeps above 4.50 and breaks 5 again, could be a swing trade candidate
[06:12] {Threei} ugh dino... Thursday was YOUR day
[06:12] {dino} yeah, thats what he said, bummer...
[06:13] {cosmo} TELK should hold 4
[06:14] {Threei} [TELK] Telik Inc FDA Removes Partial Hold on TELCYTA Clinical Development
[06:14] {Threei} - TELCYTA is a tumor-activated small molecule product candidate in clinical development for the treatment of advanced ovarian cancer and non-small cell lung cancer
[06:15] {dptl} good morning all
[06:15] {Threei} dp :)
[06:15] {Threei} INSP halt
[06:23] {Threei} BIIB lost its mind?
[06:24] {Threei} takeover negotiations...
[06:26] {bruce} hi dp
[06:28] {cosmo} telk
[06:29] {Threei} PAYX is short candidate at 41.50 if level 2 becomes more tradable
[06:32] {Threei} MNST .40 long half lot if stays above .25
[06:32] {Roman} GIGA
[06:34] {Threei} COGO 22 break long small shares, if stays above .80
[06:38] {Threei} TELK looks enthusiastic
[06:41] {bruce} gld long?
[06:42] {Threei} .21 with .09 stop... a bit too thick for my taste
[06:42] {bruce} k
[06:45] {Threei} .71 long TELK, .59 stop
[06:48] {Threei} PAYX .70 short half lot
[06:48] {Threei} stop above 42
[06:49] {Roman} SSRI sqeezing
[06:49] {magoo} man, qqqq sold haerd there
[06:50] {Threei} if PAYX sets up from here, stop .95
[06:53] {Roman} INSM on radar today
[06:53] {Threei} anyone got TELK?
[06:53] {tomg} i did
[06:54] {Threei} half out here
[06:54] {tomg} ok
[06:54] {Threei} .65 stop for the balance and give it a chance to break 5
[06:56] {tomg} out
[06:56] {Threei} anyone went for COGO feel free to take profit
[06:57] {dino} syno
[06:57] {tomg} did well on telk, vad, ty
[06:57] {Threei} welcome
[06:57] {dino} plce
[06:58] {Threei} INVESTOR DABAH REPORTS 17.9% CHILDREN'S PLACE STAKE
[06:58] {dino} ty
[07:00] {Threei} PAYX tightens
[07:00] {dino} syno s hl .40
[07:05] {Threei} .91 stop PAYX
[07:11] {tomg} will be out most of day, please email me if you didn't get it......
[07:11] {tomg} sorry!
[07:12] {tomg} was meant for admin, yikes
[07:12] {dino} to your corner tom
[07:12] {tomg} with egg on face, dino
[07:12] {bruce} adjust payx stop?
[07:13] {dino} lolo
[07:13] {Threei} .85 looks right at this point
[07:13] {bruce} k
[07:15] {Threei} IMMU... cosmo maybe right abour bio day
[07:19] {Threei} SOHU
[07:19] {Threei} half lot long
[07:19] {Threei} 45.06 trigger
[07:19] {Threei} stop under 44.80
[07:21] {ramvfin2003} l SOHU .08
[07:22] {ramvfin2003} target vad?
[07:22] {Threei} half out here around 1:1
[07:23] {ramvfin2003} k
[07:23] {Threei} feels higher to me but if scalp is what you are after who am I to argue
[07:23] {Threei} stop 44.99
[07:26] {Threei} SQNM just won't quit
[07:27] {Threei} it's been about two weeks as I watch it moving and can't find any entry
[07:27] {dptl} long at .42
[07:27] {Threei} I will hold the trouting until you profit from it... but be assured trout is coming
[07:29] {dino} ocnf
[07:29] {Roman} LONG
[07:29] {Roman} STRN Sutron reports Q3 EPS of $0.27 vs$0.09 YoY, revs rose 38% YoY to $6.6 mln vs $4.7 mln YoY (10.13 +1.13)
[07:30] {Threei} nice spread
[07:30] {Threei} payx
[07:31] {Threei} if loses .70, trail stop to .81
[07:31] {Threei} if SOHU trades at .45, trail stop to .09 .45
[07:33] {dino} chrd
[07:33] {Threei} JADE again?
[07:33] {Threei} sdth
[07:36] {dptl} out.62sqnm
[07:37] * Threei slaps dptl around a bit with a large trout
[07:37] {dptl} :)
[07:38] {Threei} stopped PAYX
[07:41] {dino} ocnf partial s .90
[07:42] {dino} hl, stop is .22
[07:45] {dino} cyno
[08:01] {dino} ocnf bstop to .03
[08:01] {Threei} BRCM half lot short
[08:01] {Threei} 40.99
[08:02] {Threei} 41.11 stop
[08:02] {Threei} cover half at least who got it
[08:03] {Threei} 41.02 new stop
[08:03] {bruce} missed it
[08:04] {dino} cov ocnf .50, +.40
[08:04] {markweb} gj dino:)
[08:05] {dino} ty
[08:05] {dino} too soon as usual
[08:10] {dino} syno bstop to .16
[08:10] {dino} make it .10
[08:11] {dino} make it .05
[08:13] {Threei} PLCE
[08:13] {Threei} short half lot .48
[08:14] {Threei} if stays below .70
[08:20] {dino} syno to .01
[08:20] {dino} stingy today
[08:21] {dino} to .85
[08:21] {Threei} Mopnday... hangover
[08:21] {Threei} -p
[08:21] {dino} to .65
[08:22] {dino} cov .63, +.77
[08:24] {dino} tough crowd
[08:26] {Threei} let's try again:
[08:26] {Threei} our BRCM +.50
[08:26] {Threei} yeah dino
[08:27] {ramvfin2003} ty on BRCM vad
[08:27] {Threei} welcome sir
[08:27] {dino} :)
[08:29] {dino} hlys
[08:31] {ramvfin2003} PLCE still in play if breaks .48?
[08:33] {dino} feels like strike activity, going to 5 and zeros\
[08:37] {Threei} if not going above .70 anymore, yes
[08:38] {Threei} NVDA .65 long
[08:39] {Threei} if stays above .55
[08:39] {ramvfin2003} l NVDA .66
[08:41] {Threei} .54 stop, and trail to .59 if hits .70
[08:42] {Threei} maybe a bit too tight... but I really don't want to give them a lot of freedom today
[08:42] {dino} bare
[08:44] {Threei} NT
[08:44] {Threei} SEC FILES SUIT AGAINST CO. OVER TWO ACCOUNTING FRAUD SCHEMES
[08:45] {Threei} .59 short
[08:46] {ramvfin2003} in .59
[08:48] {ramvfin2003} target on NT vad?
[08:49] {Threei} partial closer to .40
[08:49] {ramvfin2003} k
[08:49] {Threei} let's try to ride it
[08:49] {Threei} half out .37
[08:49] {Threei} stop .61
[08:50] {ramvfin2003} covered 1/2 .29 + .30
[08:52] {Threei} stop to .45
[08:53] {Threei} come on NVDA
[08:55] {Threei} half out NVDA .77
[08:56] {Threei} let's see if it can break .80
[08:56] {Threei} out NT
[08:59] {dino} gcom
[09:02] {dino} sxci
[09:07] {dino} dsti
[09:07] {Threei} stop to .64 NVDA
[09:11] {dino} clne
[09:12] {Threei} MNTA takeover rumors
[09:13] {dino} synt hl l .75
[09:21] {dino} antp keeps going
[09:23] {dino} vnda
[09:24] {Threei} NT TO PAY $35M TO SETTLE FRAUD ALLEGATIONS
[09:24] {Threei} ANTP
[09:24] {dino} ahhh
[09:25] {Threei} 11 break, small shares
[09:25] {Threei} risky long
[09:25] {bruce} stop .50 vad?
[09:25] {Threei} low of this pullback will show the stop level
[09:25] {bruce} k
[09:36] {Threei} .65 stop
[09:38] {bruce} thnx
[09:41] {ramvfin2003} target on ANTP vad?
[09:42] {Threei} interesting question
[09:42] {Threei} this thing is capable of a big move
[09:42] {Threei} I won't be surprized to see 12 or more
[09:42] {Threei} risk is big too of course
[09:43] {Threei} hard to tell
[09:43] {ramvfin2003} k ty
[09:43] {Threei} if you have enough shares, try to partial somewhere in vicinity of 11.50
[09:43] {ramvfin2003} k
[09:45] {dino} synt stop to .79
[09:47] {Threei} NQ losing ground
[09:47] {dino} to .95
[09:47] {Threei} dione with NVDA
[09:47] {dino} out .97, +.23
[09:48] {Threei} BRCM .19 short
[09:48] {Threei} if stays below .31
[09:50] {Threei} 1:1 BRCM
[10:01] {ramvfin2003} ANTP feels like pop coming
[10:16] {Threei} no go ANTP
[10:24] {dino} ntes
[10:27] {dino} missed, was waiting at .99
[10:29] {dino} risky hl s ntct .35, stop .61
[10:30] {dino} stopped
[10:31] {Roman} NTES Netease.com spikes ~1.00 over past five minutes to Jul/Oct highs; strength attributed to takeover chatter (19.47 +0.87) -Update-
[10:31] {dino} ty
[10:34] {dino} waiting at 20.86
[10:37] {dino} not happening
[10:37] {dino} orct
[10:37] {dino} ]14 mil sett;ement
[10:54] {bruce} abx long?
[10:55] {Threei} .11 if getting hit... maybe scalp
[10:55] {Threei} not really compelling one
[10:55] {bruce} k going to pass then
[10:55] {bruce} cant win for trying today
[10:57] {Threei} no, today is "stay calm, sleep tight, wake up now and then to scalp something you just can't let go"
[10:58] {dino} 3/4
[11:09] {Threei} have a look at NQ daily guys
[11:10] {Threei} just to try and evaluate where we are
[11:10] {Threei} defining level on the downside is apparently 2150
[11:10] {Threei} if we lose it, there is a lot of downside underneath
[11:11] {Threei} if we hold above, start slowly climbing back to 2200 and break it, we are good to resume bullish move
[11:12] {Threei} volume today is way lower (so far at least) than it was on green Friday
[11:12] {Threei} rather hints at upside although there is great uncertainty still in the air
[11:16] {Threei} I think this attempt to wake you up failed miserably
[11:16] {dptl} :)
[11:16] {Threei} weak smile of half-asleep dp only confirms it
[11:17] {markweb} :
[11:19] {Threei} this is not even weak smile
[11:20] {Threei} this is one corner of the mouth twitching
[11:24] {dino} hl l brli .10, risky, stop .74
[11:43] {ramvfin2003} zzzz
[11:50] {dino} brli stop to .98
[11:50] {dino} back in about 15
[11:55] {Threei} CTXS
[11:56] {Threei} .40 break long if stays above .30
[11:59] {Threei} if you are aggressive entries fun, just grab it here with whole 4-5 cents stop
[11:59] {Threei} .29 stop
[12:01] {ramvfin2003} l .33
[12:02] {Threei} NQ helps
[12:03] {Threei} move your butt CTXS
[12:09] {ramvfin2003} cant seem to break that .36
[12:14] {Threei} yeah
[12:14] {dino} brli stopped while out -.13
[12:26] {dptl} have a good evening all,see ya tomorrow
[12:27] {dino} later dp
[12:28] {Threei} take care dp
[12:30] {Threei} BIDU HEARING RUMOR BEING CIRCULATED THAT GOOG TO TAKE A STAKE IN THE CO.
[12:31] {dino} cyno hl l .74
[12:33] {dino} l bidu 315, 100 whoppers
[12:34] {Threei} hard selling CRDC
[12:34] {Threei} 03:14pm [CRDC] Files to register $40M stock shelf offering and 2.58M shares for selling shareholders more.. - From time to time, we may offer and sell shares of common stock in amounts, at prices and on terms described in one or more supplements to this prospectus, to be determined at or prior to the time of sale, up to $40,000,000. In addition, the selling stockholder named under the caption Selling Stockholder may offer from time to time
[12:42] {ramvfin2003} BIDO poppin
[12:42] {ramvfin2003} BIDU
[12:46] {dino} cyno stop to .09
[12:48] {dino} clne
[12:49] {dino} out cyno +.33
[12:51] {Threei} tomorrow should be defining day
[12:59] {dino} holding bidu
[13:01] {Threei} ok guys, thank you all
[13:01] {Threei} have a good evening, see youi tomorrow
[13:01] {bruce} thanks vad
[13:01] {bruce} bye all
[13:01] {Threei} nice spike into close
[13:03] {dino} indeed
Session Close: Tue Oct 16 00:00:01 2007
Monday, October 15, 2007
Friday, October 12, 2007
October 12, 2007
Session Start: Fri Oct 12 00:00:00 2007
Session Time: Fri Oct 12 00:00:00 2007
[04:05] {KSystems} Hey...
[05:33] {Peter} good morning all
[05:35] {bruce} morning all
[05:37] {Threei} Good morning RT'
[05:38] {Threei} KS! long time no see
[05:39] {cosmo} 3i... have you checked what your competition is up too lately?
[05:39] {cosmo} http://www.dailymail.co.uk/pages/live/articles/technology/technology.html?in_article_id=487039&in_page_id=1965
[05:40] {Threei} hmmm... I better hurry and come up with 4th eye it seems
[05:41] {Threei} *SEPT PRODUCER PRICE INDEX M/M: 1.1% V 0.5%E; PPI EX FOOD_ENERGY M/M: 0.1% V 0.2%E
[05:43] {Threei} PRICE TARGET RAISED TO $25 FROM $20 AT THINKEQUITY; MAINTAINS BUY RATING
[05:43] {Threei} funny guys... 20 is reached, let's raise the target
[05:43] {Threei} GIGM
[05:44] {cosmo} CWTR warns....looks underwater
[05:45] {Threei} downgraded by no less than 4 brokers
[05:46] {cosmo} .. i'll wait for more...
[05:46] {Threei} CNIC has the audacity to gap up
[05:47] {Threei} I don't see news
[05:47] {cosmo} Copernic Upgrades Private Label Program for Desktop Search with Enhanced Advertising Features
[05:47] {cosmo} Marketwire (Fri 8:00am)
[05:48] {Threei} ty
[05:48] {Threei} fluff I think
[05:48] {cosmo} :)
[05:48] {cosmo} it gives warmth
[05:48] {Threei} or I just can't overcome preconciieved notion about this one
[05:49] {magoo} morening rt
[05:49] {Threei} magoo :)
[05:50] {cosmo} ORCL wants BEAS
[05:52] {Threei} for real or "as rumor has it"?
[05:52] {cosmo} checking
[05:52] {Threei} gap is impressive
[05:52] {cosmo} but flat
[05:52] {cosmo} so far
[05:53] {cosmo} 18.17 high
[05:53] {Threei} oh, for real
[05:53] {magoo} PLCE gapper bigc
[05:53] {Threei} 06:30am [BEAS] Oracle Letter Proposes to Buy BEA Systems for $17.00 per Share in Cash
[05:53] {magoo} no volume yet tho
[05:54] {cosmo} hmm...maybe BEAS wants more
[05:55] {Threei} 02:22am [PLCE] NY Times reporting that former CEO Ezra Dabah sends letter to acting chairperson that resignation was a 'power play'
[05:57] {esemde} good morning everyone.....
[05:57] {Threei} ese :)
[05:57] {bruce} hi ese
[05:58] {esemde} anything exciting
[05:58] {esemde} bruce vad
[05:58] {esemde} magoo cosmo
[05:59] {cosmo} BEAS are buzzing
[05:59] {magoo} ES bruce cos:)
[05:59] {markweb} gm all
[05:59] {Threei} mark :)
[06:00] {markweb} :)
[06:01] {_Diane} Goog Morning everyone
[06:01] {esemde} orcle thinkin to buy BEAS.....hmmmmmmm
[06:01] {Threei} diane :)
[06:01] {esemde} you start that rumor cosmo.......
[06:02] {esemde} and a good rumor it is tooooooo
[06:02] {cosmo} no... i'm just the messenger
[06:02] {magoo} we have to be xtra careful today...that selloff was brutal...boyz will be quick to dump
[06:02] {bruce} morning mark, diane
[06:02] {Threei} rings true magoo
[06:02] {magoo} on another note...might be good short potential after spike or run ups
[06:02] {markweb} bruce:)
[06:03] {magoo} diane mark :)
[06:03] {markweb} :)
[06:04] {esemde} thats a ton of shares already premarket 34 mil.....
[06:04] {cosmo} geez BEAS... somebody check the boards .... i can't anymore...
[06:04] {cosmo} they drive me nuts
[06:05] {Threei} it's trading above the offered price
[06:05] {magoo} yeah..its done in my opinion
[06:05] {Threei} so, most likely it's speculation about how negotiations will go
[06:07] {esemde} is athere a buy out price for BEAS shares?
[06:07] {cosmo} $17
[06:08] {Threei} [08:53] {Threei} 06:30am [BEAS] Oracle Letter Proposes to Buy BEA Systems for $17.00 per Share in Cash
[06:08] {Threei} [08:53] {magoo} no volume yet tho
[06:08] {dptl} good morning all
[06:08] {markweb} dp:)
[06:08] {esemde} dp mark
[06:09] {Threei} dp :)
[06:11] {bruce} hey dp
[06:13] {Threei} yesterday's candle on CTEL chart looks from some other universe, lol
[06:14] {esemde} does it ever...
[06:15] {Threei} FED'S BERNANKE: SAYS INFLATION AND ECONOMIC VOLATILITY HAS DECREASED OVER THE LAST 25 YEARS, NO COMMENT ON INTEREST RATES
[06:15] {Threei} how very useful
[06:15] {cosmo} what's he say about BEAS, then?
[06:15] {Threei} I mean, I couldn't sleep at night, torturing myself with attempts to figure out what happened to inflatuion over last 25 years
[06:16] {Threei} now I know
[06:17] {magoo} citi group downgraded to sell, target 44..this is a dino play
[06:17] {esemde} you are now a well informe trader VAd
[06:17] {Threei} yup
[06:19] {Threei} PPI numbers probably fuel speculations about future rate cuts
[06:23] {Threei} FED'S FISHER: MAKES NO COMMENT ON ECONOMIC OR INTEREST RATE POLICY IN OPENING REMARKS
[06:24] {Threei} what is he good for then
[06:24] {Threei} oh well, maybe in closing remarks
[06:31] {Roman} observing JADE
[06:31] {Roman} had earnings yesterday
[06:32] {magoo} u missed JADE yesterday rfr..big player
[06:32] {Roman} GIGM also interesting
[06:32] {Roman} i was swinging it
[06:32] {Roman} still in it
[06:32] {magoo} just meant it was moving
[06:32] {Roman} yeah, i noticed near 7.5
[06:32] {bruce} cwtr long?
[06:33] {Threei} XIDE half lot long if 8.08 gets hit and stays above 7.90
[06:33] {magoo} man vad..nop volume
[06:33] {Threei} CWTR, if breaks 8.50
[06:35] {ramvfin2003} vad CWTR short?
[06:35] {Threei} if breaks .50, long
[06:35] {Threei} most likely scalp only
[06:35] {cosmo} 8.50 test
[06:36] {magoo} in
[06:36] {Threei} half out .70
[06:36] {Threei} scalpers take profit
[06:37] {Threei} .45 stop for the balance
[06:38] {magoo} god dammit
[06:38] {magoo} keep missing exits this week
[06:38] {magoo} was waiting /73
[06:41] {Threei} SEED, see if it bounces closer to 11.50 to short small shares
[06:43] {Threei} if no bigger bounce than what we have now, then short with 10.90 trigger
[06:43] {magoo} let me know entry
[06:43] {magoo} if u take
[06:43] {Threei} small shares, volatility is big on this one
[06:44] {magoo} well, it didn;t near .59
[06:44] {magoo} u in??
[06:44] {Threei} [09:42] {Threei} if no bigger bounce than what we have now, then short with 10.90 trigger
[06:44] {Threei} in
[06:44] {cosmo} BEAS holds 18 so far
[06:45] {cosmo} CNBC hyping now
[06:45] {Threei} stop above 11.20
[06:49] {Threei} CRDC
[06:49] {cosmo} BEAS 18 test
[06:49] {Threei} stopped SEED
[06:49] {magoo} stopped 0 for 2
[06:49] {magoo} pissed off
[06:50] {Threei} relax and chill out befoe your next trade
[06:50] {_Diane} long SEED?
[06:50] {Threei} no
[06:50] {magoo} CWTR pissed me ohff BIG
[06:51] {Threei} CWTR worked as it should, I said it was scalp most likely...
[06:51] {ramvfin2003} bad day so far for me...:(
[06:51] {Roman} GLBL
[06:51] {magoo} not u...me...all week i missed probably 6 exits..cost me bifg
[06:51] {ramvfin2003} im with u mags....missed CWTR waiting for .74
[06:51] {magoo} i have post it on computer this morn...do NOT miss exit
[06:52] {magoo} miss fisrt one..i an IDIOT'
[06:52] {magoo} laying out..but not filling..a lil too high
[06:52] {Threei} you don't obtain your best exit, OK - but why let winner turn into loser
[06:53] {magoo} i know i know thats why i pissed
[06:53] {Roman} COGO feels long
[06:53] {Threei} you have quick sell enabled, hit it if stock reverses
[06:53] {magoo} I KNOW ITS ME OFF this WEEK for some reason
[06:54] {ramvfin2003} mags, look at bright side....its friday....clear your head this weekend relax next week we rock
[06:55] {esemde} still watching XIDE VAD.....
[06:55] {Threei} not picking up interest ese... most likely dead
[06:55] {Roman} GIGM
[06:55] {Threei} KLAC
[06:55] {Roman} long 20.90 area
[06:55] {Threei} half lot long .20
[06:57] {ramvfin2003} in KLAC .20
[06:57] {markweb} KLAC stop?
[06:57] {Threei} 52.99
[06:57] {markweb} ty
[06:58] {Roman} SWHC long small
[06:58] {Roman} 21.46 small lot will add another on pullback
[06:59] {ramvfin2003} vad target on KLAC?
[07:00] {Roman} ECONX Business Inventories +0.1% vs +0.2% consensus
[07:01] {Threei} it's NQ-dependent stock ram... hard to tell, let' go with the flow
[07:06] {Threei} NQ is likely to break 2180 now
[07:06] {Threei} GIGA?
[07:06] {Roman} GIGA on radar
[07:07] {Threei} I don't see news
[07:08] {_Diane} thinking about going long the qqqq
[07:09] {Threei} CNBC'S FABER REPORTS BEAS PLANS TO TELL ORCL THAT ITS $17/SHR OFFER IS TOO LOW
[07:10] {magoo} nice alert GIGA guys...magoos BACK :)
[07:10] {magoo} outb .84
[07:12] {Threei} really expected much more from KLAC
[07:13] {ramvfin2003} stopped on KLAC :(
[07:14] {Threei} GIG, 4.40 should set it on fire again
[07:14] {Threei} GIGA
[07:14] {Threei} gotta be quick on this one
[07:14] {Threei} anyone got it?
[07:15] {ramvfin2003} in .40
[07:15] {Threei} offer it out into spikes, don't oversit
[07:15] {Threei} it went to .70 after the break
[07:16] {Threei} becomes thicker now
[07:20] {Peter} EK
[07:22] {esemde} half lot long CTEL .70
[07:23] {Threei} JAVA nice daily chart... stock is too narrow for my taste for intraday trading, swing traders may be interested
[07:24] {_Diane} BRCM long if it rebounds off support
[07:24] {Threei} not sure diane, this group doesn't behave today
[07:25] {Threei} scary trade: HOKU .15 long
[07:25] {Threei} small shares
[07:25] {Threei} stop under 9.90
[07:26] {Threei} if sets up from here, stop under 10
[07:27] {Threei} one more scary candidate, CPSL
[07:28] {Threei} same prices for setup
[07:28] {Threei} as HOKU
[07:32] {magoo} long GIGA .50 RISKY
[07:32] {magoo} i mean if it takes it
[07:34] {_Diane} giga forming cup?
[07:34] {Threei} GIGA is pure momo
[07:35] {Roman} long CHN
[07:35] {Roman} CHNR
[07:35] {Roman} super small
[07:35] {Threei} 3 shares?
[07:35] {Roman} 100
[07:36] {Threei} that's just small... not super small :)
[07:37] {esemde} OUT CTEL .50 -.20 just wanted to try it
[07:37] {esemde} think it's going to be a short though
[07:38] {magoo} stopped GIGA - .15..m
[07:39] {Roman} ALTI vad?
[07:40] {Threei} feels like just a little bounce after selloff into support...
[07:41] {esemde} hey dino....does CTEL looki like a classic short pattern
[07:42] {esemde} working it's way down to 10.00
[07:42] {magoo} dino??
[07:42] {Threei} LLNW
[07:43] {Threei} small shares long on .75 break
[07:43] {esemde} don't see dino's name on list....must not be with us today
[07:43] {Threei} he is on vacation ese
[07:43] {Threei} slacker
[07:44] {ramvfin2003} vad stop on LLNW?
[07:44] {Threei} we get biggest one day selloff of the year, and our resident shorter is off
[07:44] {magoo} u believe that...lol
[07:44] {Threei} not clear yet, will deopend on the low of this pullback
[07:44] {esemde} man.....the one day I need his advice,,,,,,,,and what happens....hmmmmmmmm
[07:47] {Threei} ADBE .21 long if stays above 46
[07:47] {bruce} cwtr short?
[07:47] {Threei} LLNW invalidated
[07:48] {Threei} if breaks low bruce... stop 8.01
[07:48] {bruce} thanx
[07:48] {dptl} got to leave early......have a good weekend all...see ya monday
[07:48] {ramvfin2003} i CWTR .86
[07:49] {Threei} take care dp
[07:49] {esemde} see ya dp
[07:50] {esemde} take a look at ORBC for me VAD
[07:50] {bruce} byedp
[07:50] {esemde} flat line against the highs
[07:50] {magoo} bye dp
[07:51] {Threei} chart is right ese... lack of activity is bothersome
[07:51] {Threei} trades by appointment
[07:52] {esemde} by appointment.....ha ha ha....ok...that one made my day
[07:52] {Threei} ADBE stop is .09
[07:52] {ramvfin2003} anyone short CWTR?
[07:53] {esemde} not I
[07:53] {ramvfin2003} l ADBE .20
[07:53] {Threei} CWTR 1:1 reached
[07:54] {ramvfin2003} covered CWTR +.11
[07:54] {_Diane} flex
[07:55] {Roman} IFON radar
[07:56] {_Diane} jbht
[07:56] {Threei} news IFDON?
[07:56] {ramvfin2003} i dont see any vad
[07:57] {magoo} giga bothers me
[07:57] {magoo} feels not done
[07:57] {magoo} tough trader
[07:59] {Threei} really feels like 5 is in cards magoo
[07:59] {_Diane} CTEL
[08:00] {ramvfin2003} l GIGA .87
[08:00] {magoo} i took it .49 and out now .89
[08:00] {Threei} you are chasing ram... again
[08:00] {magoo} but, too risky for call..didn't wantr anyone lose again on it
[08:01] {magoo} my first try stopped
[08:01] {magoo} where would u reenter it vad? any read
[08:01] {Threei} what read, pure momo
[08:02] {Threei} foam at mouth is your only indicator
[08:02] {ramvfin2003} out ADBE
[08:02] {magoo} anyone go IFON?
[08:02] {Roman} i am in IFON
[08:02] {magoo} where bro?
[08:02] {Roman} 2.74
[08:03] {Roman} COGO starting
[08:03] {Roman} slow one
[08:03] {magoo} ty
[08:03] {magoo} KLAC trying vad
[08:03] {magoo} any read?
[08:03] {Threei} 'no, hate the way this sector acts today
[08:04] {magoo} agree
[08:05] {magoo} just thinking out loud..not advice for trade here
[08:05] {magoo} BUT
[08:05] {magoo} i think 100 shares short BIDU sometime today could rack up 10 points..NOT IN
[08:06] {Roman} in GOAM
[08:06] {Roman} 5.90 1/2 size
[08:06] {magoo} i think it will sell hard sometime, 100 controls risk...not yet tho
[08:06] {Roman} that one looks good
[08:10] {Threei} nice IFON
[08:10] {magoo} NICE IFON rfr
[08:10] {magoo} lol vad
[08:10] {magoo} we think alike alot lately
[08:10] {ramvfin2003} any read vad?
[08:10] {Threei} that's truly scary magoo
[08:10] {Threei} on what ram?
[08:11] {ramvfin2003} ifon
[08:11] {magoo} i believe we addrssed this before he he
[08:11] {Threei} this is not a technical play ram
[08:12] {Threei} GIGA is ready for another round if breaks .80
[08:13] {Roman} long ALTI slow
[08:13] {Roman} 3.95 all day hold probably
[08:13] {magoo} stalking it vad
[08:13] {magoo} giga avail short lasserheads
[08:14] {magoo} consider that too vad later
[08:15] {magoo} SEED interesting
[08:15] {magoo} not in
[08:16] {Threei} your ORBC worked nicely ese
[08:17] {_Diane} VCLK
[08:18] {magoo} sh 100 bidu RISKY
[08:19] {esemde} yup just noticed that.....more where that came from
[08:21] {magoo} long seed .60
[08:21] {magoo} RISKY
[08:21] {magoo} out bidu..too early - .65
[08:23] {Roman} out CHNR +
[08:25] {_Diane} VCLK SHORT?
[08:26] {Threei} why?
[08:27] {magoo} CXHNR could go nuts ..NOT IN...RISKY
[08:27] {_Diane} ALMOST AT HIGH FOR THE DAY; REACHING RISISTANCE; WATCHING FOR DIP
[08:27] {magoo} chnr
[08:27] {Threei} turn off caps l,ock please diane
[08:27] {_Diane} oops
[08:27] {Threei} high for the day by itself is not a reason for shorting
[08:30] {magoo} seed coiling big time
[08:30] {magoo} 12 copmith
[08:31] {magoo} risky in
[08:32] {cosmo} copmyth?
[08:32] {magoo} lol
[08:32] {Threei} GIGA is getting ready
[08:32] {magoo} in GIGA
[08:32] {ramvfin2003} on break of .80 vad?
[08:33] {magoo} i took .71
[08:33] {Threei} yeah
[08:33] {bruce} .50stop?
[08:33] {magoo} aggressive entry
[08:35] {Threei} SNPS?
[08:37] {bruce} wind long?
[08:37] {Threei} BEAS ICAHN: HOPES THERE WILL BE OTHER BIDDERS FOR CO
[08:37] {Threei} half lot bruce
[08:38] {Threei} .15 stop
[08:38] {bruce} thanx
[08:38] {magoo} in
[08:38] {Threei} it looks good but it practically exhausted its usual range
[08:38] {Threei} so I ptrefer to keep it small
[08:43] {ramvfin2003} SEED?
[08:43] {magoo} i in seed .60...keep stop
[08:44] {magoo} dangerous stock
[08:47] {magoo} giga no work for my entry
[08:47] {Threei} HLYS, what's up?
[08:51] {ramvfin2003} DALLAS--(BUSINESS WIRE)--Dallas-based, Heelys, Inc. (NASDAQ: HLYS - News) introduces its broadest, most colorful line yet of popular wheel-in-the-heel footwear for 2008, including the company's first ever hiking-style boot, "Rumble," just in time for Holiday 2007.
[08:51] {ramvfin2003} all I could find
[08:52] {cosmo} wheel-in-the-heel?
[08:52] {magoo} my kids have them..CIOOL
[08:52] {cosmo} sounds like a bad dream
[08:52] {Threei} lol
[08:53] {magoo} home depot best store to use in
[08:53] {magoo} glide on nice concrete isles
[08:53] {cosmo} don't wear them there tho
[08:54] {ramvfin2003} the joys of having kids....cant wait..lol
[08:54] {cosmo} this is why i don't go out much ...anymore
[08:54] {cosmo} too dangerous
[08:58] {Threei} WIND works for scalpers
[08:59] {Threei} HLYS TICKING HIGHER ON TAKEOVER CHATTER
[09:01] {magoo} seed stopped - .20
[09:02] {ramvfin2003} HLYS play?
[09:03] {Threei} crapshoot... can go either way with the same chance
[09:05] {Threei} WIND HEARING STRENGTH BEING ATTRIBUTED TO RUMOR WIND COULD BE AWARDED A SOFTWARE CONTRACT RELATED TO THE GOOGLE PHONE
[09:05] {Threei} you still in guys?
[09:06] {bruce} no
[09:06] {bruce} damn
[09:06] {bruce} exited too early
[09:06] {Threei} don't know... I would be out here
[09:07] {Threei} you know... when explanations for the move start appearing, move it about done
[09:07] {Threei} it = is
[09:08] {esemde} long CVTX 9.45
[09:08] {Threei} btw, as if my nigerian luck was not enough, Ivory Coast granted me $15.5 mil today as well
[09:09] {esemde} gotta start spreading that around Vad
[09:09] {Threei} PARL TICKS HIGHER ON RENEWED TAKEOVER CHATTER- IPAR rumored as potential acquirer
[09:09] {Threei} rumor city today
[09:11] {Threei} I intend to ese... here and there I am also being granted modest donations and awards to the tune of 500 - 750K, I will donate thwem to various charities as soon as I collect all my money from Nigeria
[09:13] {Threei} BRCM bounce scalp candidate
[09:14] {Threei} .81 trigger, .74 stop
[09:14] {Threei} just a quick scalp most likely
[09:14] {ramvfin2003} in .80
[09:15] {Threei} if this one doesn't work, not touching techs today anymore
[09:17] {Threei} and work it doesn't
[09:17] {ramvfin2003} out
[09:22] {Threei} SCON lost its mind
[09:22] {Threei} again
[09:24] {Threei} BRCM shakes out, then jumps
[09:25] {bruce} hlys long?
[09:25] {Threei} BIOS
[09:25] {Threei} 7.50 break long
[09:26] {Threei} .25 if getting hit bruce...
[09:26] {Threei} voltile one
[09:27] {bruce} k
[09:27] {bruce} going to pass on it
[09:27] {Threei} yeah, I would too
[09:29] {Threei} VIDE REPORTS Q2 $0.13, R$3M UP 15% Y/Y
[09:30] {Threei} if 9 scrolls... risky one
[09:30] {Threei} can move big
[09:30] {Threei} both ways
[09:31] {_Diane} watching brcd
[09:34] {Threei} look at LDK
[09:35] {Threei} told you a few days ago, this stock is disaster waiting to happen
[09:36] {Threei} FORMER CONTROLLER HAS SENT MORE INFO TO THE SEC REGARDING CLAIMS - WSJ
[09:39] {Threei} feel free to take VIDE profit as you see fit
[09:40] {magoo} out here .75
[09:40] {magoo} TY nice
[09:40] {Threei} welcome sir
[09:42] {Threei} sooo... looks like no LDK holders want to stick around to find out what data that guy sends?
[09:42] {Threei} non-believers...
[09:42] {magoo} was avail short...no longer vad
[09:42] {Threei} no curiosity either
[09:42] {Threei} yes, I noticed
[09:49] {Threei} VIDE... I won't be surprized if it busts through 10 with vengeance
[09:50] {esemde} CNET nice run
[09:51] {Threei} what's with HLCS
[09:53] {_Diane} TIBX
[09:54] {bruce} osip long?
[09:55] {Threei} I'd try it aggressively bruce
[09:55] {Threei} .33
[09:55] {Threei} .19 stop
[09:55] {magoo} vad u talking HLCS?
[09:55] {Threei} no
[09:55] {bruce} thanx
[09:57] {Threei} dllr
[09:57] {esemde} hmmmmm seems like the market is moving a little now....
[09:57] {Threei} rewal question is,
[09:57] {Threei} is this just a natural bounce while overall rally is done
[09:57] {esemde} could be
[09:58] {Threei} or has market shrugged off yesterday's worries, whatever they were,
[09:58] {Threei} and will continue new highs
[09:58] {esemde} we'll never know for sure......
[09:58] {Threei} well... we will when market shows its intentions :)
[09:58] {esemde} very true
[09:58] {Threei} but at this point, open question
[09:59] {esemde} but until then ladies and gentlemen........I' must be off you all have a great weekend
[09:59] {Threei} you too ese
[10:00] {bruce} bye ese
[10:00] {esemde} see ya vad see ya bruce
[10:00] {magoo} bye es
[10:09] {ramvfin2003} BIOS still long on a break of .50 right Vad?
[10:09] {Threei} yes
[10:20] {magoo} read giga vad?
[10:21] {Threei} well... I can't give eaxact entry or stop... but it feels not done to me
[10:23] {Threei} can try using this big offer chasing it down as indication
[10:24] {magoo} yep
[10:25] {Threei} taken
[10:26] {Threei} hard to tell... buying pressure is still here, but it's a tough read
[10:28] {Threei} itching to find short entry HLCS
[10:30] {_Diane} hey Vad, just pulled 15cents of half lot SNDK
[10:30] {Threei} shorted breakdown?
[10:30] {_Diane} yes
[10:31] {Threei} :)
[10:31] {_Diane} made $44 off aapl premarket too
[10:36] {Threei} gosh, IFON is still moving
[10:38] {chrisnyork} thanks for the invite, it was a pleasure seeing you all in action, Ive been a longtime fan, have a good weekend
[10:38] {Threei} take care, chris, have a good one... don't forget to read the blog
[10:40] {bruce} bye chris
[10:44] {Threei} BEAS again
[10:46] {Threei} .61 long if stays above .55
[10:49] {ramvfin2003} still in play vad?
[10:49] {Threei} nah
[10:54] {Threei} Roman, you still in IFON?
[10:56] {Threei} GIGA... if .20 gets eaten, will try it
[11:01] {Threei} IFON 4.80 sets it for 4... very risky
[11:05] {Threei} guys, anyone got any questions?
[11:05] {Threei} granted, we got the toughest days since Sept 1 for this open house, lol
[11:05] {Threei} but then again, on easy days anyone can look like genius
[11:07] {Threei} keep an eye on our educational blog at http://www.realitytrader.com/blog/,
[11:07] {Threei} feel free to register for a week of free trial starting monday
[11:09] {trader88} Question - what would be the average size stop for stocks that are called in this room?
[11:09] {Threei} no signle size for them all,
[11:09] {Threei} depends on stock's volatility on one hand
[11:10] {Threei} and particular trader risk tolerance on another
[11:10] {Threei} look at it this way:
[11:10] {Threei} trader's A max risk per trade is 250 bucks
[11:10] {Threei} chart shows support to place stop 25 cents below the entry,
[11:10] {Threei} stock is thick enough, no slippage,
[11:11] {Threei} his size will be 1000 shares for this trade.
[11:11] {Threei} Now, start changing any of those components,
[11:11] {Threei} and size will be changing with it
[11:11] {Threei} see how it's structured?
[11:12] {HC} Who are your mentors?
[11:12] {Threei} my mentors?
[11:12] {HC} Mentors for new people
[11:12] {Threei} I am
[11:13] {HC} How long is the wait to start?
[11:13] {Threei} for mentoring itself? or participatuion in the room?
[11:13] {Threei} room is available any time,
[11:14] {trader88} I was thinking more along the lines of average stop in cents, or maximum stop in cents.
[11:14] {Threei} for personal mentoring let me see the schedule
[11:14] {HC} OK
[11:14] {Threei} it's governed by the chart, trader88
[11:14] {Threei} you can't asign the dame stop size to all stocks,
[11:15] {Threei} setup structure will dictate where the stop must be located,
[11:15] {Threei} so depending on those factors I listed above
[11:15] {Threei} you will vary your position size
[11:15] {Threei} to account for the stop size
[11:15] {Threei} or, if it's still too wide for your erisk tolerance, you will simply skip the trade altogehter
[11:16] {Threei} here is the book that structures all those things
[11:16] {Threei} and many more
[11:16] {Threei} http://www.realitytrader.com/masterplan/
[11:17] {trader88} OK - thanks.
[11:17] {Threei} HC, I see slot opening on Wed 17
[11:18] {HC} Do you mentor during the trade day or after?
[11:18] {Threei} during
[11:18] {Threei} I prefer to have real time charts available
[11:18] {Threei} to illustrate the concept
[11:18] {Threei} being discussed
[11:20] {HC} Do we have two way audio or just text?
[11:20] {Threei} text
[11:20] {HC} I see
[11:20] {Threei} we tried audio a while ago and rejected it
[11:21] {Threei} typed session can be saved, reread later
[11:21] {Threei} audio is water under the bridge
[11:21] {Threei} very convinient for a teacher, very useless for a student
[11:22] {HC} Do you use a private chat room or the one we're on now?
[11:22] {Threei} private window in this room
[11:22] {HC} I see.
[11:22] {Threei} doubleclick on my nick, you get private widnow
[11:26] {Threei} btw, in case you didn't know... log of each trading day is available at http://www.realitytrader.com/tradelog, usually posted after the close
[11:30] {Threei} day is full of spikes out of nowhere... JASO
[11:36] {Threei} MOGN half lot long
[11:37] {Threei} .58 - .59
[11:37] {Threei} .39 stop
[11:41] {trader88} jrjc
[11:44] {Threei} HSWI... momo trade
[11:44] {Threei} .80
[11:44] {Threei} half lot
[11:44] {trader88} sorry - wrong keyboard
[11:45] {Threei} stop .60
[11:46] {Threei} MOGN, trail stop to .49
[11:48] {Threei} thin one HSWI, slippage city
[11:48] {magoo} GIGA vad
[11:49] {magoo} cramer say 6 words just now...'i would buy that bidu btw...stock reverses 10 points up
[11:49] {Threei} nothing to hang my hat on magoo... wouldn't trigger on breakout, wouldn't give clean indication of bottoming
[11:50] {bruce} gm long?
[11:51] {ramvfin2003} target on MOGN vad?
[11:51] {Threei} I'd look for exit on spike over .70
[11:52] {Threei} GM is so not my type of stock... :)
[11:55] {bruce} me eithe3r but trending today
[11:56] {tp} giga looks like break out to 4.50
[11:57] {Threei} true but it's so far from where it is now
[11:58] {Threei} BIOS 1:1
[11:58] {Threei} anyone still remembers that entry?? :)
[12:00] {tp} have used that patteren }60%
[12:01] {Threei} which one?
[12:01] {Threei} now HSWI goes
[12:01] {tp} I call it 3 wave retraction
[12:01] {tp} giga
[12:01] {Threei} you mean GIGA?
[12:02] {Threei} OK, but if your tracking shows high percentage on this kind of retreats, why so remote entry as 4.50?
[12:02] {tp} but it can bounce off 3.6 again
[12:03] {tp} enter now exit 4.5
[12:03] {Threei} ahha
[12:04] {Threei} that I like... thought you meant breakout at 4.50 as entry
[12:06] {Threei} aside of some momo runners, admittedly very tough day, not much follow throuhg on any side, long or short
[12:06] {Threei} which actually we foresaw yesterday when talked about action after such shock as that drop
[12:07] {Threei} I guess it became too easy over last two-three weeks or so,
[12:07] {_Diane} COST short?
[12:07] {Threei} it was time to sober up
[12:07] {Threei} COST is kind of in the middle of nowhere
[12:08] {Threei} half buck from high, half buck from low
[12:08] {Threei} can go either way or stay in place, 33% to each
[12:09] {Threei} and 1% to the probability that they open chain in China
[12:09] {Threei} and stock shots up 20 bucks in 3 minutes
[12:09] {_Diane} LWSN long
[12:11] {tp} cost looks long to 69.80
[12:11] {Threei} Nobel prize to Gore ruins my faith in humanity
[12:15] {Raven} He'll get another one for inventing the internet ...
[12:15] {Threei} that I could live with
[12:15] {Raven} he's right up there with Yasser Arafat ... another deserving winner
[12:17] {Threei} VPRT small shares 43 long
[12:17] {Threei} if stays above .80
[12:18] {tp} lswn looks like 10.59or little more to me
[12:18] {tp} lwsn
[12:20] {cosmo} piece prize?
[12:21] {cosmo} why not chemistry?
[12:21] {cosmo} geochemistry
[12:24] {_Diane} LWSN?
[12:25] {Threei} it's a very slow mover diane... we have 30 min left
[12:25] {_Diane} ok tx
[12:25] {Threei} it took more than 1 hour for it to move last 10 cents
[12:25] {Threei} almost two hour previous 10 cents
[12:26] {Threei} BEAS ICAHN PARTNERS HAVE EXCERCISED OPTIONS ON SHARES - FILING
[12:28] {tp} vprt looks like a short
[12:32] {magoo} bidu selloff like i said
[12:33] {Threei} you reshorted it?
[12:33] {bruce} plce long?
[12:35] {Threei} rather long than short, but bhonestly, not enough confidence for entry
[12:35] {bruce} k
[12:40] {_Diane} CREE
[12:40] {tp} i was wrong vprt my target long 43.30
[12:42] {Threei} GRA?
[12:43] {_Diane} ant last minute moves?
[12:43] {Threei} looking
[12:43] {Threei} takeover rumor earlier
[12:43] {Threei} suddently exploded now
[12:44] {_Diane} ?????
[12:44] {Threei} GRA
[12:44] {_Diane} ICOC
[12:45] {Threei} MBLX short, small shares
[12:46] {Threei} .70 trigger
[12:46] {Threei} invalidated over 27
[12:46] {magoo} nice GRA vadi shorted top
[12:47] {magoo} i was thinking..what would dino do?
[12:47] {Threei} lol
[12:47] {Threei} good job
[12:48] {magoo} what would dino say....lucky
[12:50] {Threei} no slightest desire to even think about overnights
[12:50] {tp} should be bounce to 3
[12:50] {tp} should be bounce to 3
[12:50] {tp} gra 3
[12:50] {tp} gra bounce to 31.5
[12:51] {tp} battery going on mouse
[12:51] {Threei} yikes... not the best thing to happen in the middle of the trade
[12:51] {tp} no
[12:51] {_Diane} Overall good two days. Great trade with those RIMM puts testerday. Made 10 trades today..up $60. Not bad. Take care all of you
[12:52] {Threei} take care diane
[12:52] {bruce} bye diane
[12:53] {_Diane} Bruce :)
[12:55] {Threei} okay guys, thank you all,
[12:55] {Threei} have a great relaaxing weekend,
[12:55] {Threei} those who stay, see you on Monday
[12:55] {Threei} those who don't, feel free to stay :)
[12:55] {markweb} bye Vad
[12:56] {_Diane} Bye Vad
[12:56] {Threei} let's hope next week is more like two before that rather than like two last days
[12:56] {magoo} ty vad
[12:59] {bruce} have a great weekend all
Session Close: Sat Oct 13 00:00:00 2007
Session Time: Fri Oct 12 00:00:00 2007
[04:05] {KSystems} Hey...
[05:33] {Peter} good morning all
[05:35] {bruce} morning all
[05:37] {Threei} Good morning RT'
[05:38] {Threei} KS! long time no see
[05:39] {cosmo} 3i... have you checked what your competition is up too lately?
[05:39] {cosmo} http://www.dailymail.co.uk/pages/live/articles/technology/technology.html?in_article_id=487039&in_page_id=1965
[05:40] {Threei} hmmm... I better hurry and come up with 4th eye it seems
[05:41] {Threei} *SEPT PRODUCER PRICE INDEX M/M: 1.1% V 0.5%E; PPI EX FOOD_ENERGY M/M: 0.1% V 0.2%E
[05:43] {Threei} PRICE TARGET RAISED TO $25 FROM $20 AT THINKEQUITY; MAINTAINS BUY RATING
[05:43] {Threei} funny guys... 20 is reached, let's raise the target
[05:43] {Threei} GIGM
[05:44] {cosmo} CWTR warns....looks underwater
[05:45] {Threei} downgraded by no less than 4 brokers
[05:46] {cosmo} .. i'll wait for more...
[05:46] {Threei} CNIC has the audacity to gap up
[05:47] {Threei} I don't see news
[05:47] {cosmo} Copernic Upgrades Private Label Program for Desktop Search with Enhanced Advertising Features
[05:47] {cosmo} Marketwire (Fri 8:00am)
[05:48] {Threei} ty
[05:48] {Threei} fluff I think
[05:48] {cosmo} :)
[05:48] {cosmo} it gives warmth
[05:48] {Threei} or I just can't overcome preconciieved notion about this one
[05:49] {magoo} morening rt
[05:49] {Threei} magoo :)
[05:50] {cosmo} ORCL wants BEAS
[05:52] {Threei} for real or "as rumor has it"?
[05:52] {cosmo} checking
[05:52] {Threei} gap is impressive
[05:52] {cosmo} but flat
[05:52] {cosmo} so far
[05:53] {cosmo} 18.17 high
[05:53] {Threei} oh, for real
[05:53] {magoo} PLCE gapper bigc
[05:53] {Threei} 06:30am [BEAS] Oracle Letter Proposes to Buy BEA Systems for $17.00 per Share in Cash
[05:53] {magoo} no volume yet tho
[05:54] {cosmo} hmm...maybe BEAS wants more
[05:55] {Threei} 02:22am [PLCE] NY Times reporting that former CEO Ezra Dabah sends letter to acting chairperson that resignation was a 'power play'
[05:57] {esemde} good morning everyone.....
[05:57] {Threei} ese :)
[05:57] {bruce} hi ese
[05:58] {esemde} anything exciting
[05:58] {esemde} bruce vad
[05:58] {esemde} magoo cosmo
[05:59] {cosmo} BEAS are buzzing
[05:59] {magoo} ES bruce cos:)
[05:59] {markweb} gm all
[05:59] {Threei} mark :)
[06:00] {markweb} :)
[06:01] {_Diane} Goog Morning everyone
[06:01] {esemde} orcle thinkin to buy BEAS.....hmmmmmmm
[06:01] {Threei} diane :)
[06:01] {esemde} you start that rumor cosmo.......
[06:02] {esemde} and a good rumor it is tooooooo
[06:02] {cosmo} no... i'm just the messenger
[06:02] {magoo} we have to be xtra careful today...that selloff was brutal...boyz will be quick to dump
[06:02] {bruce} morning mark, diane
[06:02] {Threei} rings true magoo
[06:02] {magoo} on another note...might be good short potential after spike or run ups
[06:02] {markweb} bruce:)
[06:03] {magoo} diane mark :)
[06:03] {markweb} :)
[06:04] {esemde} thats a ton of shares already premarket 34 mil.....
[06:04] {cosmo} geez BEAS... somebody check the boards .... i can't anymore...
[06:04] {cosmo} they drive me nuts
[06:05] {Threei} it's trading above the offered price
[06:05] {magoo} yeah..its done in my opinion
[06:05] {Threei} so, most likely it's speculation about how negotiations will go
[06:07] {esemde} is athere a buy out price for BEAS shares?
[06:07] {cosmo} $17
[06:08] {Threei} [08:53] {Threei} 06:30am [BEAS] Oracle Letter Proposes to Buy BEA Systems for $17.00 per Share in Cash
[06:08] {Threei} [08:53] {magoo} no volume yet tho
[06:08] {dptl} good morning all
[06:08] {markweb} dp:)
[06:08] {esemde} dp mark
[06:09] {Threei} dp :)
[06:11] {bruce} hey dp
[06:13] {Threei} yesterday's candle on CTEL chart looks from some other universe, lol
[06:14] {esemde} does it ever...
[06:15] {Threei} FED'S BERNANKE: SAYS INFLATION AND ECONOMIC VOLATILITY HAS DECREASED OVER THE LAST 25 YEARS, NO COMMENT ON INTEREST RATES
[06:15] {Threei} how very useful
[06:15] {cosmo} what's he say about BEAS, then?
[06:15] {Threei} I mean, I couldn't sleep at night, torturing myself with attempts to figure out what happened to inflatuion over last 25 years
[06:16] {Threei} now I know
[06:17] {magoo} citi group downgraded to sell, target 44..this is a dino play
[06:17] {esemde} you are now a well informe trader VAd
[06:17] {Threei} yup
[06:19] {Threei} PPI numbers probably fuel speculations about future rate cuts
[06:23] {Threei} FED'S FISHER: MAKES NO COMMENT ON ECONOMIC OR INTEREST RATE POLICY IN OPENING REMARKS
[06:24] {Threei} what is he good for then
[06:24] {Threei} oh well, maybe in closing remarks
[06:31] {Roman} observing JADE
[06:31] {Roman} had earnings yesterday
[06:32] {magoo} u missed JADE yesterday rfr..big player
[06:32] {Roman} GIGM also interesting
[06:32] {Roman} i was swinging it
[06:32] {Roman} still in it
[06:32] {magoo} just meant it was moving
[06:32] {Roman} yeah, i noticed near 7.5
[06:32] {bruce} cwtr long?
[06:33] {Threei} XIDE half lot long if 8.08 gets hit and stays above 7.90
[06:33] {magoo} man vad..nop volume
[06:33] {Threei} CWTR, if breaks 8.50
[06:35] {ramvfin2003} vad CWTR short?
[06:35] {Threei} if breaks .50, long
[06:35] {Threei} most likely scalp only
[06:35] {cosmo} 8.50 test
[06:36] {magoo} in
[06:36] {Threei} half out .70
[06:36] {Threei} scalpers take profit
[06:37] {Threei} .45 stop for the balance
[06:38] {magoo} god dammit
[06:38] {magoo} keep missing exits this week
[06:38] {magoo} was waiting /73
[06:41] {Threei} SEED, see if it bounces closer to 11.50 to short small shares
[06:43] {Threei} if no bigger bounce than what we have now, then short with 10.90 trigger
[06:43] {magoo} let me know entry
[06:43] {magoo} if u take
[06:43] {Threei} small shares, volatility is big on this one
[06:44] {magoo} well, it didn;t near .59
[06:44] {magoo} u in??
[06:44] {Threei} [09:42] {Threei} if no bigger bounce than what we have now, then short with 10.90 trigger
[06:44] {Threei} in
[06:44] {cosmo} BEAS holds 18 so far
[06:45] {cosmo} CNBC hyping now
[06:45] {Threei} stop above 11.20
[06:49] {Threei} CRDC
[06:49] {cosmo} BEAS 18 test
[06:49] {Threei} stopped SEED
[06:49] {magoo} stopped 0 for 2
[06:49] {magoo} pissed off
[06:50] {Threei} relax and chill out befoe your next trade
[06:50] {_Diane} long SEED?
[06:50] {Threei} no
[06:50] {magoo} CWTR pissed me ohff BIG
[06:51] {Threei} CWTR worked as it should, I said it was scalp most likely...
[06:51] {ramvfin2003} bad day so far for me...:(
[06:51] {Roman} GLBL
[06:51] {magoo} not u...me...all week i missed probably 6 exits..cost me bifg
[06:51] {ramvfin2003} im with u mags....missed CWTR waiting for .74
[06:51] {magoo} i have post it on computer this morn...do NOT miss exit
[06:52] {magoo} miss fisrt one..i an IDIOT'
[06:52] {magoo} laying out..but not filling..a lil too high
[06:52] {Threei} you don't obtain your best exit, OK - but why let winner turn into loser
[06:53] {magoo} i know i know thats why i pissed
[06:53] {Roman} COGO feels long
[06:53] {Threei} you have quick sell enabled, hit it if stock reverses
[06:53] {magoo} I KNOW ITS ME OFF this WEEK for some reason
[06:54] {ramvfin2003} mags, look at bright side....its friday....clear your head this weekend relax next week we rock
[06:55] {esemde} still watching XIDE VAD.....
[06:55] {Threei} not picking up interest ese... most likely dead
[06:55] {Roman} GIGM
[06:55] {Threei} KLAC
[06:55] {Roman} long 20.90 area
[06:55] {Threei} half lot long .20
[06:57] {ramvfin2003} in KLAC .20
[06:57] {markweb} KLAC stop?
[06:57] {Threei} 52.99
[06:57] {markweb} ty
[06:58] {Roman} SWHC long small
[06:58] {Roman} 21.46 small lot will add another on pullback
[06:59] {ramvfin2003} vad target on KLAC?
[07:00] {Roman} ECONX Business Inventories +0.1% vs +0.2% consensus
[07:01] {Threei} it's NQ-dependent stock ram... hard to tell, let' go with the flow
[07:06] {Threei} NQ is likely to break 2180 now
[07:06] {Threei} GIGA?
[07:06] {Roman} GIGA on radar
[07:07] {Threei} I don't see news
[07:08] {_Diane} thinking about going long the qqqq
[07:09] {Threei} CNBC'S FABER REPORTS BEAS PLANS TO TELL ORCL THAT ITS $17/SHR OFFER IS TOO LOW
[07:10] {magoo} nice alert GIGA guys...magoos BACK :)
[07:10] {magoo} outb .84
[07:12] {Threei} really expected much more from KLAC
[07:13] {ramvfin2003} stopped on KLAC :(
[07:14] {Threei} GIG, 4.40 should set it on fire again
[07:14] {Threei} GIGA
[07:14] {Threei} gotta be quick on this one
[07:14] {Threei} anyone got it?
[07:15] {ramvfin2003} in .40
[07:15] {Threei} offer it out into spikes, don't oversit
[07:15] {Threei} it went to .70 after the break
[07:16] {Threei} becomes thicker now
[07:20] {Peter} EK
[07:22] {esemde} half lot long CTEL .70
[07:23] {Threei} JAVA nice daily chart... stock is too narrow for my taste for intraday trading, swing traders may be interested
[07:24] {_Diane} BRCM long if it rebounds off support
[07:24] {Threei} not sure diane, this group doesn't behave today
[07:25] {Threei} scary trade: HOKU .15 long
[07:25] {Threei} small shares
[07:25] {Threei} stop under 9.90
[07:26] {Threei} if sets up from here, stop under 10
[07:27] {Threei} one more scary candidate, CPSL
[07:28] {Threei} same prices for setup
[07:28] {Threei} as HOKU
[07:32] {magoo} long GIGA .50 RISKY
[07:32] {magoo} i mean if it takes it
[07:34] {_Diane} giga forming cup?
[07:34] {Threei} GIGA is pure momo
[07:35] {Roman} long CHN
[07:35] {Roman} CHNR
[07:35] {Roman} super small
[07:35] {Threei} 3 shares?
[07:35] {Roman} 100
[07:36] {Threei} that's just small... not super small :)
[07:37] {esemde} OUT CTEL .50 -.20 just wanted to try it
[07:37] {esemde} think it's going to be a short though
[07:38] {magoo} stopped GIGA - .15..m
[07:39] {Roman} ALTI vad?
[07:40] {Threei} feels like just a little bounce after selloff into support...
[07:41] {esemde} hey dino....does CTEL looki like a classic short pattern
[07:42] {esemde} working it's way down to 10.00
[07:42] {magoo} dino??
[07:42] {Threei} LLNW
[07:43] {Threei} small shares long on .75 break
[07:43] {esemde} don't see dino's name on list....must not be with us today
[07:43] {Threei} he is on vacation ese
[07:43] {Threei} slacker
[07:44] {ramvfin2003} vad stop on LLNW?
[07:44] {Threei} we get biggest one day selloff of the year, and our resident shorter is off
[07:44] {magoo} u believe that...lol
[07:44] {Threei} not clear yet, will deopend on the low of this pullback
[07:44] {esemde} man.....the one day I need his advice,,,,,,,,and what happens....hmmmmmmmm
[07:47] {Threei} ADBE .21 long if stays above 46
[07:47] {bruce} cwtr short?
[07:47] {Threei} LLNW invalidated
[07:48] {Threei} if breaks low bruce... stop 8.01
[07:48] {bruce} thanx
[07:48] {dptl} got to leave early......have a good weekend all...see ya monday
[07:48] {ramvfin2003} i CWTR .86
[07:49] {Threei} take care dp
[07:49] {esemde} see ya dp
[07:50] {esemde} take a look at ORBC for me VAD
[07:50] {bruce} byedp
[07:50] {esemde} flat line against the highs
[07:50] {magoo} bye dp
[07:51] {Threei} chart is right ese... lack of activity is bothersome
[07:51] {Threei} trades by appointment
[07:52] {esemde} by appointment.....ha ha ha....ok...that one made my day
[07:52] {Threei} ADBE stop is .09
[07:52] {ramvfin2003} anyone short CWTR?
[07:53] {esemde} not I
[07:53] {ramvfin2003} l ADBE .20
[07:53] {Threei} CWTR 1:1 reached
[07:54] {ramvfin2003} covered CWTR +.11
[07:54] {_Diane} flex
[07:55] {Roman} IFON radar
[07:56] {_Diane} jbht
[07:56] {Threei} news IFDON?
[07:56] {ramvfin2003} i dont see any vad
[07:57] {magoo} giga bothers me
[07:57] {magoo} feels not done
[07:57] {magoo} tough trader
[07:59] {Threei} really feels like 5 is in cards magoo
[07:59] {_Diane} CTEL
[08:00] {ramvfin2003} l GIGA .87
[08:00] {magoo} i took it .49 and out now .89
[08:00] {Threei} you are chasing ram... again
[08:00] {magoo} but, too risky for call..didn't wantr anyone lose again on it
[08:01] {magoo} my first try stopped
[08:01] {magoo} where would u reenter it vad? any read
[08:01] {Threei} what read, pure momo
[08:02] {Threei} foam at mouth is your only indicator
[08:02] {ramvfin2003} out ADBE
[08:02] {magoo} anyone go IFON?
[08:02] {Roman} i am in IFON
[08:02] {magoo} where bro?
[08:02] {Roman} 2.74
[08:03] {Roman} COGO starting
[08:03] {Roman} slow one
[08:03] {magoo} ty
[08:03] {magoo} KLAC trying vad
[08:03] {magoo} any read?
[08:03] {Threei} 'no, hate the way this sector acts today
[08:04] {magoo} agree
[08:05] {magoo} just thinking out loud..not advice for trade here
[08:05] {magoo} BUT
[08:05] {magoo} i think 100 shares short BIDU sometime today could rack up 10 points..NOT IN
[08:06] {Roman} in GOAM
[08:06] {Roman} 5.90 1/2 size
[08:06] {magoo} i think it will sell hard sometime, 100 controls risk...not yet tho
[08:06] {Roman} that one looks good
[08:10] {Threei} nice IFON
[08:10] {magoo} NICE IFON rfr
[08:10] {magoo} lol vad
[08:10] {magoo} we think alike alot lately
[08:10] {ramvfin2003} any read vad?
[08:10] {Threei} that's truly scary magoo
[08:10] {Threei} on what ram?
[08:11] {ramvfin2003} ifon
[08:11] {magoo} i believe we addrssed this before he he
[08:11] {Threei} this is not a technical play ram
[08:12] {Threei} GIGA is ready for another round if breaks .80
[08:13] {Roman} long ALTI slow
[08:13] {Roman} 3.95 all day hold probably
[08:13] {magoo} stalking it vad
[08:13] {magoo} giga avail short lasserheads
[08:14] {magoo} consider that too vad later
[08:15] {magoo} SEED interesting
[08:15] {magoo} not in
[08:16] {Threei} your ORBC worked nicely ese
[08:17] {_Diane} VCLK
[08:18] {magoo} sh 100 bidu RISKY
[08:19] {esemde} yup just noticed that.....more where that came from
[08:21] {magoo} long seed .60
[08:21] {magoo} RISKY
[08:21] {magoo} out bidu..too early - .65
[08:23] {Roman} out CHNR +
[08:25] {_Diane} VCLK SHORT?
[08:26] {Threei} why?
[08:27] {magoo} CXHNR could go nuts ..NOT IN...RISKY
[08:27] {_Diane} ALMOST AT HIGH FOR THE DAY; REACHING RISISTANCE; WATCHING FOR DIP
[08:27] {magoo} chnr
[08:27] {Threei} turn off caps l,ock please diane
[08:27] {_Diane} oops
[08:27] {Threei} high for the day by itself is not a reason for shorting
[08:30] {magoo} seed coiling big time
[08:30] {magoo} 12 copmith
[08:31] {magoo} risky in
[08:32] {cosmo} copmyth?
[08:32] {magoo} lol
[08:32] {Threei} GIGA is getting ready
[08:32] {magoo} in GIGA
[08:32] {ramvfin2003} on break of .80 vad?
[08:33] {magoo} i took .71
[08:33] {Threei} yeah
[08:33] {bruce} .50stop?
[08:33] {magoo} aggressive entry
[08:35] {Threei} SNPS?
[08:37] {bruce} wind long?
[08:37] {Threei} BEAS ICAHN: HOPES THERE WILL BE OTHER BIDDERS FOR CO
[08:37] {Threei} half lot bruce
[08:38] {Threei} .15 stop
[08:38] {bruce} thanx
[08:38] {magoo} in
[08:38] {Threei} it looks good but it practically exhausted its usual range
[08:38] {Threei} so I ptrefer to keep it small
[08:43] {ramvfin2003} SEED?
[08:43] {magoo} i in seed .60...keep stop
[08:44] {magoo} dangerous stock
[08:47] {magoo} giga no work for my entry
[08:47] {Threei} HLYS, what's up?
[08:51] {ramvfin2003} DALLAS--(BUSINESS WIRE)--Dallas-based, Heelys, Inc. (NASDAQ: HLYS - News) introduces its broadest, most colorful line yet of popular wheel-in-the-heel footwear for 2008, including the company's first ever hiking-style boot, "Rumble," just in time for Holiday 2007.
[08:51] {ramvfin2003} all I could find
[08:52] {cosmo} wheel-in-the-heel?
[08:52] {magoo} my kids have them..CIOOL
[08:52] {cosmo} sounds like a bad dream
[08:52] {Threei} lol
[08:53] {magoo} home depot best store to use in
[08:53] {magoo} glide on nice concrete isles
[08:53] {cosmo} don't wear them there tho
[08:54] {ramvfin2003} the joys of having kids....cant wait..lol
[08:54] {cosmo} this is why i don't go out much ...anymore
[08:54] {cosmo} too dangerous
[08:58] {Threei} WIND works for scalpers
[08:59] {Threei} HLYS TICKING HIGHER ON TAKEOVER CHATTER
[09:01] {magoo} seed stopped - .20
[09:02] {ramvfin2003} HLYS play?
[09:03] {Threei} crapshoot... can go either way with the same chance
[09:05] {Threei} WIND HEARING STRENGTH BEING ATTRIBUTED TO RUMOR WIND COULD BE AWARDED A SOFTWARE CONTRACT RELATED TO THE GOOGLE PHONE
[09:05] {Threei} you still in guys?
[09:06] {bruce} no
[09:06] {bruce} damn
[09:06] {bruce} exited too early
[09:06] {Threei} don't know... I would be out here
[09:07] {Threei} you know... when explanations for the move start appearing, move it about done
[09:07] {Threei} it = is
[09:08] {esemde} long CVTX 9.45
[09:08] {Threei} btw, as if my nigerian luck was not enough, Ivory Coast granted me $15.5 mil today as well
[09:09] {esemde} gotta start spreading that around Vad
[09:09] {Threei} PARL TICKS HIGHER ON RENEWED TAKEOVER CHATTER- IPAR rumored as potential acquirer
[09:09] {Threei} rumor city today
[09:11] {Threei} I intend to ese... here and there I am also being granted modest donations and awards to the tune of 500 - 750K, I will donate thwem to various charities as soon as I collect all my money from Nigeria
[09:13] {Threei} BRCM bounce scalp candidate
[09:14] {Threei} .81 trigger, .74 stop
[09:14] {Threei} just a quick scalp most likely
[09:14] {ramvfin2003} in .80
[09:15] {Threei} if this one doesn't work, not touching techs today anymore
[09:17] {Threei} and work it doesn't
[09:17] {ramvfin2003} out
[09:22] {Threei} SCON lost its mind
[09:22] {Threei} again
[09:24] {Threei} BRCM shakes out, then jumps
[09:25] {bruce} hlys long?
[09:25] {Threei} BIOS
[09:25] {Threei} 7.50 break long
[09:26] {Threei} .25 if getting hit bruce...
[09:26] {Threei} voltile one
[09:27] {bruce} k
[09:27] {bruce} going to pass on it
[09:27] {Threei} yeah, I would too
[09:29] {Threei} VIDE REPORTS Q2 $0.13, R$3M UP 15% Y/Y
[09:30] {Threei} if 9 scrolls... risky one
[09:30] {Threei} can move big
[09:30] {Threei} both ways
[09:31] {_Diane} watching brcd
[09:34] {Threei} look at LDK
[09:35] {Threei} told you a few days ago, this stock is disaster waiting to happen
[09:36] {Threei} FORMER CONTROLLER HAS SENT MORE INFO TO THE SEC REGARDING CLAIMS - WSJ
[09:39] {Threei} feel free to take VIDE profit as you see fit
[09:40] {magoo} out here .75
[09:40] {magoo} TY nice
[09:40] {Threei} welcome sir
[09:42] {Threei} sooo... looks like no LDK holders want to stick around to find out what data that guy sends?
[09:42] {Threei} non-believers...
[09:42] {magoo} was avail short...no longer vad
[09:42] {Threei} no curiosity either
[09:42] {Threei} yes, I noticed
[09:49] {Threei} VIDE... I won't be surprized if it busts through 10 with vengeance
[09:50] {esemde} CNET nice run
[09:51] {Threei} what's with HLCS
[09:53] {_Diane} TIBX
[09:54] {bruce} osip long?
[09:55] {Threei} I'd try it aggressively bruce
[09:55] {Threei} .33
[09:55] {Threei} .19 stop
[09:55] {magoo} vad u talking HLCS?
[09:55] {Threei} no
[09:55] {bruce} thanx
[09:57] {Threei} dllr
[09:57] {esemde} hmmmmm seems like the market is moving a little now....
[09:57] {Threei} rewal question is,
[09:57] {Threei} is this just a natural bounce while overall rally is done
[09:57] {esemde} could be
[09:58] {Threei} or has market shrugged off yesterday's worries, whatever they were,
[09:58] {Threei} and will continue new highs
[09:58] {esemde} we'll never know for sure......
[09:58] {Threei} well... we will when market shows its intentions :)
[09:58] {esemde} very true
[09:58] {Threei} but at this point, open question
[09:59] {esemde} but until then ladies and gentlemen........I' must be off you all have a great weekend
[09:59] {Threei} you too ese
[10:00] {bruce} bye ese
[10:00] {esemde} see ya vad see ya bruce
[10:00] {magoo} bye es
[10:09] {ramvfin2003} BIOS still long on a break of .50 right Vad?
[10:09] {Threei} yes
[10:20] {magoo} read giga vad?
[10:21] {Threei} well... I can't give eaxact entry or stop... but it feels not done to me
[10:23] {Threei} can try using this big offer chasing it down as indication
[10:24] {magoo} yep
[10:25] {Threei} taken
[10:26] {Threei} hard to tell... buying pressure is still here, but it's a tough read
[10:28] {Threei} itching to find short entry HLCS
[10:30] {_Diane} hey Vad, just pulled 15cents of half lot SNDK
[10:30] {Threei} shorted breakdown?
[10:30] {_Diane} yes
[10:31] {Threei} :)
[10:31] {_Diane} made $44 off aapl premarket too
[10:36] {Threei} gosh, IFON is still moving
[10:38] {chrisnyork} thanks for the invite, it was a pleasure seeing you all in action, Ive been a longtime fan, have a good weekend
[10:38] {Threei} take care, chris, have a good one... don't forget to read the blog
[10:40] {bruce} bye chris
[10:44] {Threei} BEAS again
[10:46] {Threei} .61 long if stays above .55
[10:49] {ramvfin2003} still in play vad?
[10:49] {Threei} nah
[10:54] {Threei} Roman, you still in IFON?
[10:56] {Threei} GIGA... if .20 gets eaten, will try it
[11:01] {Threei} IFON 4.80 sets it for 4... very risky
[11:05] {Threei} guys, anyone got any questions?
[11:05] {Threei} granted, we got the toughest days since Sept 1 for this open house, lol
[11:05] {Threei} but then again, on easy days anyone can look like genius
[11:07] {Threei} keep an eye on our educational blog at http://www.realitytrader.com/blog/,
[11:07] {Threei} feel free to register for a week of free trial starting monday
[11:09] {trader88} Question - what would be the average size stop for stocks that are called in this room?
[11:09] {Threei} no signle size for them all,
[11:09] {Threei} depends on stock's volatility on one hand
[11:10] {Threei} and particular trader risk tolerance on another
[11:10] {Threei} look at it this way:
[11:10] {Threei} trader's A max risk per trade is 250 bucks
[11:10] {Threei} chart shows support to place stop 25 cents below the entry,
[11:10] {Threei} stock is thick enough, no slippage,
[11:11] {Threei} his size will be 1000 shares for this trade.
[11:11] {Threei} Now, start changing any of those components,
[11:11] {Threei} and size will be changing with it
[11:11] {Threei} see how it's structured?
[11:12] {HC} Who are your mentors?
[11:12] {Threei} my mentors?
[11:12] {HC} Mentors for new people
[11:12] {Threei} I am
[11:13] {HC} How long is the wait to start?
[11:13] {Threei} for mentoring itself? or participatuion in the room?
[11:13] {Threei} room is available any time,
[11:14] {trader88} I was thinking more along the lines of average stop in cents, or maximum stop in cents.
[11:14] {Threei} for personal mentoring let me see the schedule
[11:14] {HC} OK
[11:14] {Threei} it's governed by the chart, trader88
[11:14] {Threei} you can't asign the dame stop size to all stocks,
[11:15] {Threei} setup structure will dictate where the stop must be located,
[11:15] {Threei} so depending on those factors I listed above
[11:15] {Threei} you will vary your position size
[11:15] {Threei} to account for the stop size
[11:15] {Threei} or, if it's still too wide for your erisk tolerance, you will simply skip the trade altogehter
[11:16] {Threei} here is the book that structures all those things
[11:16] {Threei} and many more
[11:16] {Threei} http://www.realitytrader.com/masterplan/
[11:17] {trader88} OK - thanks.
[11:17] {Threei} HC, I see slot opening on Wed 17
[11:18] {HC} Do you mentor during the trade day or after?
[11:18] {Threei} during
[11:18] {Threei} I prefer to have real time charts available
[11:18] {Threei} to illustrate the concept
[11:18] {Threei} being discussed
[11:20] {HC} Do we have two way audio or just text?
[11:20] {Threei} text
[11:20] {HC} I see
[11:20] {Threei} we tried audio a while ago and rejected it
[11:21] {Threei} typed session can be saved, reread later
[11:21] {Threei} audio is water under the bridge
[11:21] {Threei} very convinient for a teacher, very useless for a student
[11:22] {HC} Do you use a private chat room or the one we're on now?
[11:22] {Threei} private window in this room
[11:22] {HC} I see.
[11:22] {Threei} doubleclick on my nick, you get private widnow
[11:26] {Threei} btw, in case you didn't know... log of each trading day is available at http://www.realitytrader.com/tradelog, usually posted after the close
[11:30] {Threei} day is full of spikes out of nowhere... JASO
[11:36] {Threei} MOGN half lot long
[11:37] {Threei} .58 - .59
[11:37] {Threei} .39 stop
[11:41] {trader88} jrjc
[11:44] {Threei} HSWI... momo trade
[11:44] {Threei} .80
[11:44] {Threei} half lot
[11:44] {trader88} sorry - wrong keyboard
[11:45] {Threei} stop .60
[11:46] {Threei} MOGN, trail stop to .49
[11:48] {Threei} thin one HSWI, slippage city
[11:48] {magoo} GIGA vad
[11:49] {magoo} cramer say 6 words just now...'i would buy that bidu btw...stock reverses 10 points up
[11:49] {Threei} nothing to hang my hat on magoo... wouldn't trigger on breakout, wouldn't give clean indication of bottoming
[11:50] {bruce} gm long?
[11:51] {ramvfin2003} target on MOGN vad?
[11:51] {Threei} I'd look for exit on spike over .70
[11:52] {Threei} GM is so not my type of stock... :)
[11:55] {bruce} me eithe3r but trending today
[11:56] {tp} giga looks like break out to 4.50
[11:57] {Threei} true but it's so far from where it is now
[11:58] {Threei} BIOS 1:1
[11:58] {Threei} anyone still remembers that entry?? :)
[12:00] {tp} have used that patteren }60%
[12:01] {Threei} which one?
[12:01] {Threei} now HSWI goes
[12:01] {tp} I call it 3 wave retraction
[12:01] {tp} giga
[12:01] {Threei} you mean GIGA?
[12:02] {Threei} OK, but if your tracking shows high percentage on this kind of retreats, why so remote entry as 4.50?
[12:02] {tp} but it can bounce off 3.6 again
[12:03] {tp} enter now exit 4.5
[12:03] {Threei} ahha
[12:04] {Threei} that I like... thought you meant breakout at 4.50 as entry
[12:06] {Threei} aside of some momo runners, admittedly very tough day, not much follow throuhg on any side, long or short
[12:06] {Threei} which actually we foresaw yesterday when talked about action after such shock as that drop
[12:07] {Threei} I guess it became too easy over last two-three weeks or so,
[12:07] {_Diane} COST short?
[12:07] {Threei} it was time to sober up
[12:07] {Threei} COST is kind of in the middle of nowhere
[12:08] {Threei} half buck from high, half buck from low
[12:08] {Threei} can go either way or stay in place, 33% to each
[12:09] {Threei} and 1% to the probability that they open chain in China
[12:09] {Threei} and stock shots up 20 bucks in 3 minutes
[12:09] {_Diane} LWSN long
[12:11] {tp} cost looks long to 69.80
[12:11] {Threei} Nobel prize to Gore ruins my faith in humanity
[12:15] {Raven} He'll get another one for inventing the internet ...
[12:15] {Threei} that I could live with
[12:15] {Raven} he's right up there with Yasser Arafat ... another deserving winner
[12:17] {Threei} VPRT small shares 43 long
[12:17] {Threei} if stays above .80
[12:18] {tp} lswn looks like 10.59or little more to me
[12:18] {tp} lwsn
[12:20] {cosmo} piece prize?
[12:21] {cosmo} why not chemistry?
[12:21] {cosmo} geochemistry
[12:24] {_Diane} LWSN?
[12:25] {Threei} it's a very slow mover diane... we have 30 min left
[12:25] {_Diane} ok tx
[12:25] {Threei} it took more than 1 hour for it to move last 10 cents
[12:25] {Threei} almost two hour previous 10 cents
[12:26] {Threei} BEAS ICAHN PARTNERS HAVE EXCERCISED OPTIONS ON SHARES - FILING
[12:28] {tp} vprt looks like a short
[12:32] {magoo} bidu selloff like i said
[12:33] {Threei} you reshorted it?
[12:33] {bruce} plce long?
[12:35] {Threei} rather long than short, but bhonestly, not enough confidence for entry
[12:35] {bruce} k
[12:40] {_Diane} CREE
[12:40] {tp} i was wrong vprt my target long 43.30
[12:42] {Threei} GRA?
[12:43] {_Diane} ant last minute moves?
[12:43] {Threei} looking
[12:43] {Threei} takeover rumor earlier
[12:43] {Threei} suddently exploded now
[12:44] {_Diane} ?????
[12:44] {Threei} GRA
[12:44] {_Diane} ICOC
[12:45] {Threei} MBLX short, small shares
[12:46] {Threei} .70 trigger
[12:46] {Threei} invalidated over 27
[12:46] {magoo} nice GRA vadi shorted top
[12:47] {magoo} i was thinking..what would dino do?
[12:47] {Threei} lol
[12:47] {Threei} good job
[12:48] {magoo} what would dino say....lucky
[12:50] {Threei} no slightest desire to even think about overnights
[12:50] {tp} should be bounce to 3
[12:50] {tp} should be bounce to 3
[12:50] {tp} gra 3
[12:50] {tp} gra bounce to 31.5
[12:51] {tp} battery going on mouse
[12:51] {Threei} yikes... not the best thing to happen in the middle of the trade
[12:51] {tp} no
[12:51] {_Diane} Overall good two days. Great trade with those RIMM puts testerday. Made 10 trades today..up $60. Not bad. Take care all of you
[12:52] {Threei} take care diane
[12:52] {bruce} bye diane
[12:53] {_Diane} Bruce :)
[12:55] {Threei} okay guys, thank you all,
[12:55] {Threei} have a great relaaxing weekend,
[12:55] {Threei} those who stay, see you on Monday
[12:55] {Threei} those who don't, feel free to stay :)
[12:55] {markweb} bye Vad
[12:56] {_Diane} Bye Vad
[12:56] {Threei} let's hope next week is more like two before that rather than like two last days
[12:56] {magoo} ty vad
[12:59] {bruce} have a great weekend all
Session Close: Sat Oct 13 00:00:00 2007
Thursday, October 11, 2007
October 11, 2007
Session Time (PST): Thu Oct 11 00:00:00 2007
[03:21] <_nicholas> What's moving right now?
[05:13] CHINA
[05:13] CDC GAMES AND SONOKONG EXPAND THEIR SUCCESSFUL CHINA PARTNERSHIP TO INCLUDE NEW ONLINE GAME
[05:13] - CDC Games has secured exclusive distribution rights in China for a new online game called Dragonsky. The game, under development now by Sonov, a leading studio in Korea which draws on the support of Sonokong, is anticipated for commercial launch by CDC Games in Q2 of 2008.
[05:13] oh... good morning btw
[05:16] morning all
[05:16] bruce :)
[05:16] hi vad
[05:16] up and at em!
[05:19] SEED is still at that
[05:19] china
[05:19] not sure about this one
[05:20] it gapped over two resistance levels.... but its rallies are rarely sustainable
[05:21] k
[05:22] good to know
[05:22] good morning Vad
[05:22] hawk :)
[05:22] howdy hawk
[05:38] morning Rt
[05:39] hi magoo
[05:39] morning sports dfans
[05:41] magoo, billy :)
[05:42] :)
[05:42] china madness been good :)
[05:42] magoo :)
[05:42] good is understatement of the month
[05:43] bad, then?
[05:43] hi billy
[05:43] bad = good ...sometimes
[05:43] too deep cos
[05:43] bruce :)
[05:44] CAAS some enthusiasm
[05:44] did SDTH have any news .....this gap surprised me
[05:44] did mkt like employmt numbers?
[05:45] I don't see news billy, continuation of yest strength I guess
[05:45] yeah....it sold at close
[05:45] +12 with change magoo... I think it did
[05:46] sheesh SEED ...i woulfd have made a killing if no golf
[05:46] i sold at .34
[05:46] 10.34
[05:46] another one you missed yesterday mags... FREE
[05:46] yeah
[05:46] thats why i like to work
[05:47] whereas dino takes alot of time off
[05:47] lol
[05:48] NINE gap is pretty wimpy
[05:49] btw, my stretch ofluck continues... on top of all nigerian money showering on me, some bank offering me credit card fromwhich I can obtain $3.5 mil
[05:50] too bad in order to get it I need to "dawnlod" something
[05:50] and I thought they really liked me only ;(
[05:50] no way billy, it's all mine
[05:51] look at NOEC
[05:52] big gap
[05:54] China mania remains main theme for today
[05:56] lets make some serious cake today vad
[05:56] no pressure he he
[05:56] as usual eh
[05:56] CLWT gap thru 5 should be interesting
[05:57] good morning rt's.....bily vad magoo cosmo bruce....
[05:57] ese :)
[05:57] ese :)
[05:58] NPSP
[05:58] gm all
[05:58] mark :)
[05:58] ES :)
[06:00] good morning
[06:00] jade gaps..a roman play
[06:00] even BCOn gaps
[06:00] morning peter
[06:00] lol billy
[06:01] roman is off today magoo, poor guy is moving his office
[06:01] hi mark, peter
[06:01] :)
[06:01] welcome guests!
[06:02] <_jack> hello all and thanks bruce
[06:02] hi jack
[06:02] welcome guys, enjoy your stay for couple days
[06:03] <_jack> hello threei
[06:03] in order to get familiar with our trading philosophy, make sure to go over our blog
[06:04] http://www.realitytrader.com/blog/
[06:04] <_jack> thanks, you still trade like the book threei?
[06:04] morn guys:)
[06:04] <_openhouse> ok will do. Thanks for letting us in. Morning all.
[06:04] like what book? :)
[06:04] hi openhouse
[06:05] yeah on roman vad...i remember he is having internret speed issues and they wouldn't fix them
[06:05] <_jack> techniques of tape reading
[06:05] oh of course
[06:05] <_jack> great
[06:06] I just realized... it's October, means 11th anniversary of my trading career
[06:06] remember new guys...we hit-n-run
[06:06] congrats VAD!!!!!
[06:06] <_jack> congrats, well done
[06:06] don't miss the exits
[06:06] ty... 11 years, sheesh
[06:07] have you enjoyed it?
[06:07] 11 years takes no time at all
[06:07] I would switch to something else if I didn't ese :)
[06:08] jeff d not lefty?!!?
[06:08] it all strated w/ DT Vad...lol
[06:08] switch?
[06:08] trip donw memory lane? :)
[06:08] in the archives :)
[06:09] SEED momo
[06:09] party like its 1999, i say
[06:10] October sure feels like 1999
[06:10] full bloqwn mania
[06:10] -q
[06:11] I want to skip first 5-10 minutes or so, to see which gaps are sustainable and keep momo going, which fizzle out
[06:12] BCON should hold 2.50 .....needs to hold .45
[06:12] too many gaps, gotta let them sort themselves out
[06:12] they can't all just go, some will die off
[06:12] oh yes they can he he
[06:12] or at least take pause
[06:12] or a new evolves
[06:13] yup
[06:13] speaking of Gaps CPSL....
[06:13] up .61
[06:15] for adrenalin deprived, keep an eye on FREE for possible continuation
[06:15] 10.40-10.50 is likely to set it for the next leg
[06:15] speaking of gaps...information gaps that is what are Chinese companies required to report?
[06:15] stock is very volatile, keep shares small
[06:16] well, trading on US exchanges they have to report just as any other... how reliable their accounting practices are is whole another matter
[06:17] jade is moving
[06:17] ya no kidding...cpsl Income growth %317 but no sales growth reported... interesting
[06:18] acccounting by abacus, it seems
[06:18] or look at whole LDK debacle...
[06:18] what was that about
[06:18] good morning all
[06:18] dp
[06:19] hi dp
[06:19] dp :)
[06:19] questions about inventories, ese
[06:20] or the way they count and report them rather
[06:20] hmmmmmm.....
[06:21] Billy... south africa bank just raised rates
[06:21] thanks for the open invite, glad to visit
[06:21] roflol
[06:22] means our nigerian money got even more lucrative eh?
[06:22] welcome chris
[06:22] hi chrisnyork, welcome
[06:22] too good to be true w/ all the rate cuts globally
[06:23] Lehman like Costco
[06:24] COST PRICE TARGET RAISED TO $75 FROM $65 AT LEHMAN; MAINTAINS EQUAL WEIGHT RATING
[06:25] there you go billy
[06:25] RAND HITS BEST LEVEL SINCE AUG 2006 AFTER SURPRISE INTEREST RATE HIKE BY S. AFRICAN CENTRAL BANK
[06:25] lol
[06:25] gotta give them more $$ then
[06:26] aren't we getting paid in rands?
[06:26] thought you were mentioning the stock
[06:26] lol
[06:26] lol
[06:27] to all guests: never mind our jokes, our sense of humor keeps hitting all times lows, even after we think it's at the rock bottom
[06:27] jokes are needed
[06:28] yeah but for some reason we can't make a good one for the world of us
[06:29] CHNR = this time it's different
[06:29] FREE is ticking into resistance to the open
[06:30] thats what they all say.......thats what they all say.....
[06:34] SEED frenzy vad
[06:34] SEED, pullback closer to 14.40
[06:35] there
[06:35] any strength from here is long
[06:35] stop under 14, so keep size smaller
[06:35] in .49
[06:35] a bit too wide for my taste
[06:35] but that's how thias beast tgrades
[06:37] not holding support
[06:38] my charts down
[06:38] long JADE .64
[06:39] server 5 bruce
[06:39] so much for bstop...damn lousy fill is what that is
[06:39] think SEED moves now imo
[06:40] thanx vad - back up
[06:40] EBAY .95 long
[06:40] .79 stop
[06:40] l EBAY .96
[06:41] vad any thoughts on SEED?
[06:41] crap shot ram, can go either way
[06:44] XMSR 15.81 long if stays above .70
[06:45] nice move JADE ese
[06:45] Out JADE .99 +.35....
[06:46] come EBAY eat thru that 40
[06:46] don't rush me, I am on my own time
[06:47] so EBAY talks to ya huh vad
[06:47] no, to you
[06:47] :)
[06:48] JADE is holding too well despite huge offers
[06:48] l EXSR .81
[06:48] 6.25 long, risky
[06:48] l XMSR sorry
[06:49] KSS
[06:49] XMSR 1:1
[06:49] we waiting for more?
[06:50] feels so but protect half
[06:50] k
[06:50] trail stop to .74
[06:50] man JADE
[06:51] nokidding
[06:51] SU
[06:51] offer half JADE above .40, scalpers get out in full
[06:51] long .72 cpsl on pullback
[06:51] EBAY 1:1
[06:51] JADE maybe to 7? some day at least?
[06:52] the way it moves I won't be surprized chris
[06:52] feels like EBAY can do more
[06:52] out half .45 JADE
[06:53] blast through .50 coming
[06:53] right on cue
[06:54] out EBAY .18
[06:54] okay EBAY
[06:54] NICE vad
[06:54] don't blow your vein
[06:54] welcome sir
[06:54] uot EBAY thanks Vad:)
[06:54] :)
[06:55] EBAY and JADE woot woot
[06:55] I am out JADE in full here, who is more greedy than I am - you are on your own
[06:55] lol
[06:55] but... greed is good
[06:55] missed JADE :(
[06:55] out EBAY in full
[06:55] out EBAY .24 + .28
[06:56] good job guys
[06:56] HELLO!
[06:56] hi johnfl, good to see familiar faces :)
[06:56] JASO
[06:56] :)
[06:56] WOW....guess i should have hung on...oh well i'll take my .35
[06:57] sorry ese, we got the rest
[06:57] nj vad
[06:57] labor separation, you know...
[06:57] yuk yuk yuk.....
[06:57] ok EBAY stop that, I am getting dizzy
[06:58] jade bounce vad?
[06:58] tough question
[06:58] not sure here
[06:59] geez EBAY
[06:59] btw magoo... EBAY just phoned... I gave your number and said it can harass you all it wants
[06:59] WMT
[06:59] i know i know
[06:59] i refuse to answer
[07:01] stop to .58 CPSL....
[07:01] all this hoopla and NVDA is red
[03:21] <_nicholas> What's moving right now?
[05:13]
[05:13]
[05:13]
[05:13]
[05:16]
[05:16]
[05:16]
[05:16]
[05:19]
[05:19]
[05:19]
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[06:02] <_jack> hello all and thanks bruce
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[06:03] <_jack> hello threei
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[06:04] <_jack> thanks, you still trade like the book threei?
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[06:04] <_openhouse> ok will do. Thanks for letting us in. Morning all.
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[06:05] <_jack> techniques of tape reading
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[06:05] <_jack> great
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[06:06] <_jack> congrats, well done
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